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International Investing / Australia (All-Ordinaries)


Subject:  Re: MacMahon Drop? Date:  2/23/2000  10:25 PM
Author:  demiller1 Number:  1171 of 6186

Try the aborted takeover bid. This was a classless act designed to gain control of a public listed company without any forethought of shareholders interests. MacMahons is a prime takeover target and it is a wonder that Henry Walker Eltin did not march in!

The minority / majority (if there is such a thingy) of stock is also owned by employees of Henry Walker Eltin.

I think that the depressed mining industry also has something to do with it....
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